Retail in NE26
Esplanade, Whitley Bay, Tyne and Wear, NE26 2AG
- Two Storey Retail Property
- Ground floor shop
- First floor Storage
- Freehold Title
- Tenanted at £6,000 per annum
Retail in NE26
The subject property briefly comprises a two storey retail investment, situated in the heart of Whitley Bay town centre. The property is surrounded by local amenities including shops, pubs and restaurants and is well connected with public transport nearby. The property has been tenanted for a number of years with a passing rent of £6,000 per annum.
VIEWINGS STRICTLY BY APPOINTMENTS ONLY.
Summary
- Property Type: Retail
- Tenure: Freehold
- Parking: On Street
Location
The subject property is located just off Whitley Road, providing good road and transport links. The property is surrounded by local amenities and it is located approximately 0.2 miles from Park View Shopping Centre.
Accommodation
The property briefly comprises a ground floor retail premises with extension to the rear to incorporate a workshop and storage to the first floor.
Ground Floor
Retail - 48.75 sq. m. (495.91 sq. ft.)
Workshop - 15.26 sq. m. (164.25 sq. ft.)
Workshop - 16.21 sq. m. (174.50 sq. ft.)
Kitchen - 3.18 sq. m. (3.26 sq. ft.)
WC - 5.34 sq. m. (57.43 sq. ft.)
First Floor
Storage - 10.23 sq. m. (110.12 sq. ft.)
Storage - 6.76 sq. m. (72.79 sq. ft.)
TOTAL 103.05 sq. m. (1,109.25 sq. ft.)
Please note: the first floor residential accommodation is not included within the sale of this property.
Tenure
Freehold. Title number: TY36795
Lease Terms
The property is tenanted at £6,000 per annum on a 5 year term which commenced on the 01/07/2023 and ends 01/07/2028.
Rateable Value
The adopted rateable value is £5,600 as of 1st April 2017. Sourced from VOA.
Energy Performance Certificate
We await a copy of the Energy Performance Certificate.
Additional Information
For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
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